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BNB’s $99 million ETF inflows came almost entirely before Binance’s hack

CryptoSlate
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BNB’s $99 million ETF inflows came almost entirely before Binance’s hack

BNB exchange-traded funds (ETFs) led October inflows among US-listed spot crypto ETFs tracked by SoSoValue, with the largest allocation arriving weeks before Binance suffered a record $6.3 billion cryptocurrency hack. The US-listed VanEck BNB ETF attracted $99 million during the month, ahead of $35 million for NEAR and $19 million for XRP, according to SoSoValue… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  1. BNB exchange-traded funds (ETFs) led October inflows among US-listed spot crypto ETFs tracked by SoSoValue, with the largest allocation arriving weeks before Binance suffered a record $6.3 billion cryptocurrency hack.
  2. The US-listed VanEck BNB ETF attracted $99 million during the month, ahead of $35 million for NEAR and $19 million for XRP, according to SoSoValue… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
  3. Get The Catalyst in your inbox
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.